BUSINESS

Top Kremlin Critic Navalny Dies In Prison

Opposition leader Alexei Navalny has died in a Russian prison
The Kremlin's most prominent critic Alexei Navalny died Friday in an Arctic prison, said Russian authorities, announcing his death a month before an election poised to extend Vladimir Putin's hold on power.
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OpenAI said its new platform Sora can generate videos up to a minute long

ChatGPT's OpenAI Reveals Text-to-video Tool

OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing a text-to-video model called Sora that would allow users to create realistic videos with a simple prompt.
Bitcoin's price has soared by more than 20 percent this month and more than tripled since January last year

Bitcoin's Renewed Euphoria As Price Keeps Rising

Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.
Gabon and Niger will be absent from this year's AU summit following their suspension

AU Summit Seeks To Raise Africa's Voice On Global Stage

The African Union's annual summit will open on Saturday against the backdrop of coups in Gabon and Niger and a political crisis in Senegal, posing challenges for the bloc as it seeks to amplify its international presence.
Airbus CEO Guillaume Faury said the group had a "remarkable" 2023 with a takoff in sales and orders

Airbus Posts 11 Percent Profit Drop For 2023

European aviation giant Airbus on Thursday posted an 11 percent drop in net profit to 3.8 billion euros ($4.1 billion) in 2023, with past charges for its space business cutting into earnings.
Britain in recession

UK Economy Slides Into Recession Ahead Of Election

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.
Pedestrians cross the street in front of luxury shops in the Ginza shopping district in Tokyo on January 19, 2024

Germany Overtakes Japan As Third-biggest Economy

Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade.
US Secretary of State Antony Blinken speaks at a Washington event on February 13, 2024

Blinken Heads To Europe As Doubts Grow On US Leadership

Secretary of State Antony Blinken heads to Europe on Wednesday as he faces an uphill climb to quell doubts on US leadership, with Congress deadlocked on providing new aid to Ukraine and presidential contender Donald Trump lashing out at NATO allies.

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